Bonds

The release of the annual Social Security Trustees Report brought out the same stale arguments from both the optimists and the pessimists who have been around for decades. The pessimists insist that Social Security is going broke, and the optimists continue to argue that Social Security has enough money to pay full benefits for 20 more years.

How could the optimists and pessimists reach such radically different conclusions from the same data?

They couldn't, if they were being honest with the public. As an economist, who has been researching and writing about Social Security financing for the past 14 years, I am appalled at the distorted misinformation the American people are...

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